# NU/1291 The Provision of Fund Management Services

> Contract award record from UK public-sector procurement sources.

## Key facts

- Public buyer: [Newcastle University](/buyers/newcastle-university/contract-awards)
- Contract winner: Majedie Asset Management
- Award value: £2,540,400
- Tender value: £2,500,000
- Award date: 14 August 2017
- Published: 13 September 2017
- Contract start: 1 September 2017
- Contract end: 31 August 2022
- Stage: awarded
- Procurement category: services
- Notice ID: efdfe4db-f51b-44a7-a006-0f146421d6ea-170478
- OCID: ocds-b5fd17-6ef313c6-17ac-46e3-8825-4eb19cf76655

## Description

Tender process is to appoint an active UK equity \(excluding tobacco\) investment manager to manage up to in the region of £25m to £35m on behalf of a University of Newcastle endowment fund and an active global equity \(excluding tobacco\) investment manager to manage in the region of between £25m and £35m on behalf of a University of Newcastle endowment fund\.

## Related contract awards

- [NU1433-60 RecoVolt: Novel Battery Discharge System Commercialisation of university research through provision of management skills to assist in successful spin-out company creation](/contracts/ocds-b5fd17-183871a2-8c8b-4fb9-9376-11b3567f16d5): Newcastle University
- [\(NU/1853\) Main Contractor for CAV Site Demolition Services](/contracts/ocds-b5fd17-ed9b84c1-7621-4dae-bc1b-0f171a375675): Newcastle University
- [NU1589-85 Web Services Retainer 2024-2025](/contracts/ocds-b5fd17-eb42d9ff-d5b1-42ae-a19e-91f29e912412): Newcastle University

## Source

[View the original notice on Contracts Finder](https://www.contractsfinder.service.gov.uk/Notice/efdfe4db-f51b-44a7-a006-0f146421d6ea-170478)
